Financial
Distress signals
Property profile

35 Spring St New York, NY 10012

FOR LEASE
Other investment properties
Property ID
US63-6177040
4,576 SF 0.02 ac lot Built 1901
Last sale Feb 2025 · $7,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Built in 1901, this four-floor mixed-use building at 35 Spring St, New York, NY 10012 (between Mott and Mulberry Streets) contains approximately 4,845 square feet of finished interior space, including an estimated 500 square feet retail component and a residential portion. The residential configuration features 12 rooms with three bedrooms, three full bathrooms, and four powder rooms, along with entertaining areas, office space, a basement, and custom interior improvements. Outdoor amenities

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$30k
Tax billed · 2024
Assessed value$150k
Assessed land$21k
Assessed improvement$129k
Effective rate20.08%

Value estimate

· Sep 2026
$4.83M
$4.34M – $5.31M

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,026/SF
ZIP average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$613 – $1,453
Qualifying comparables13

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C6-2
This district is designed to provide for the wide range of retail, office, amusement and recreation, service, production and related uses...
General categoryCOMMERCIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility20.4
Nursing Home18.6
Pet Grooming Service5.2

Location

35 Spring St New York, NY 10012
County assessor Recorded deeds · 10 transfers 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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